Ripple price is crashing on the markets

Because of Ripple price is crashing on the markets. The XRP reaches $ 3.84 for the first time. The founding partner of the company based on the Rifle is among the world’s richest people. Now estimated at $ 59.9 billion in principle on paper.

Ripple’s co-founder is now more expensive than Google’s chiefs.

This puts Chris Larsen in fifth place on the Forbes 400 list. outperforming Larry Elison for $ 58.4 billion. With Google’s famous Larry Page and Sergey Brin winning the eighth and tenth consecutive rankings.

Larsen’s occupation of such a ranking is that it has 5.19 billion units of XRP and another 17 percent of the shares of the company.

The ripple price is rising to an unprecedented level

The overall market value of the market by MarketCap is now $ 123 billion. What is worth mentioning is that the XRP was priced at only $ 0.3, and today’s price is $ 3.18. Ripple benefited from the rebound of alternative cryptocurrencies such as Litecoin and Ethereum. To take its role in the benefit of the positive payment that took place in the market, especially after bringing Bitcoin eyes, and then stabilized its price somewhat in the past two weeks.

At the beginning of December, the currency price did not exceed $ 0.25. And in less than a month, the price rose to more than $ 3.82.

CNBC reporter: Cryptocurrency Ripple falls 30% in one day

What contributed to the achievement of this level is the contract with major banks such as Bank of America, Santander and UBS and recently many Japanese and Korean companies that decided to rely on the technology of the Ripple. In addition to many companies that rely on the platform to accept the payment of payment and carry out business transactions and financial global. With its unrivaled features, what is expected of the ripple is its preservation of its increasing price in terms of its value and its widespread use, especially by banks and companies with large volumes of exchange.

Ripple prices: The XRP token took a hit to its market capitalisation at the start of the week

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